Mindflayers journey to 100k PMNI
You can tell I have been around for a while from my join date and number of posts. PMNI = Passive Montly Net Income.
I used to post on 2+2 and read here every day when I started (the poker threads) then i move to (business finance and investing) when I moved out of poker and into business and real estate. When my business plans started to work, i stopped coming here and reading/posting. I did visit frequently but i moved to (health and fitness), but that stopped as well when that started to work too!
My current goal is to make 100k per month in passive NET income. That may sound ridiculous, but my last goal was set too low and when I hit it I retired and it took me a long time to get my mind turned around.
I have been putting my notes onto paper and plans into action for about two years now and wanted a place to refine my plan and have anyone who follows poke as many holes into it as they can find; show me the weaknesses that I cannot see.
I am going try to post maybe 5 times per week at the start and go up or down from there depending on how busy i get.
Feel free to post, ask questions, even tell me I am full of it and it can't be done.
I look forward to having you follow me on my journey.
Cheers
1a) Waiting for Feb 4th close on this deal. Son finalized on a bank for mortgage.
----------
2) Delta Warehouse: No more emails to ex tenant. They did not reply after my last email. Preparing Civil Resolution Tribunal. Will be submitted this week.
--------
3) Equities Investing. Paperwork finished. Bank came back with extra 880k HELOC. Will be finalized/available in 2 weeks/beginning of Feb.
---------
4) Hamilton House. No update. Tenants are paying.
------------
5) Edmonton RE. Still looking at Edmonton and Calgary news. Still looking at RE in those areas.
---------
6) Registered for the AI January 28, 2024. Just waiting.
--------
7) RE meetups: 2 more this last week. Went over goal setting for 2025. Good exercise for many. I had/have all of my goals set up ahead of time. I added a couple more long term goals.
Had a talk by Professional Motivator (specializes in NHL goalies) but was giving talk to RE investors.
----------
8) Detroit homes: Same Nothing of note to report. Rents all being collected on time.
---------
9) Vancouver Warehouse. Waiting to do 2nd payout.
---------
10) Wainwright Storage. Nothing to report.
----------
#11) Sarnia Ontario. No update
-------
#12 Currently reading: Finished reading Blue Ocean Strategy and Journey to the Center of the Earth by Jules Verne. Currently reading Sapiens by Harari. Very interesting book.
----------
#13 Future Authoring program. Am thinking about applying for more jobs. I put this in my goals for this year, after I get a diploma in AI. Will be interesting to see if the AI stuff gets me a job.
------------
#14 Real Estate Agent's license. No action till after AI course.
----------
If there is a #15 it would all be document and tax preparation. Lots of it to do. .... LOTS.
